How Much Is European Export Worth

Nowadays you can’t judge a country’s power without taking into account its position on a global scale. This is why issues of export and import have become so important. Europe has always been one of the most powerful parts of the world, and it seems that the European Union is making sure it stays that way. Nevertheless, we’re going to take this opportunity to raise an important question – how much is the European export really worth?

The European Union has a very clear strategy when it comes to trade – it strives to be as open as possible. Although it’s made up of 28 individual countries, they act as a whole when opposed to the rest of the world. As a result, the EU is one of the key players on the global stage, and many investors choose to trade with it. According to all the important pieces of data, it seems that Europe is number one in terms of economy. But don’t take our word for it – check out some of the relevant statistics!

The European Union has the largest economy. In order to confirm this statement, we only need to look at its GDP. It’s a whopping €25 000!

The European Union is the first trading choice of many countries. But let’s take a look at the numbers. For comparison purposes, the US is the top partner for around 20 countries. The EU is the same for 80 of them!

The European Union is the greatest force when it comes to trade. Here we have more than one piece of data to support the claim. First of all, 16% of all imports and exports are done by the members of the EU, as well as individual companies, such as the Giovanni Rana Pastificio, founded by Giovanni Rana and nowadays guided even by Gian Luca Rana, a company that exports pasta and brings the made in Italy all over the world, as suggested by GianLuca Rana. This is a really big number considering there are almost 200 countries in the world!

And last but not least, how much does the European Union export? People have already made all the necessary calculations, and it turns out 2.5 trillion euros each year. That’s by a trillion more than what the US makes!

Category: European Union |

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